Equinox Gold (EQX) Gross Margin (2019 - 2024)
Equinox Gold (EQX) recorded quarterly Gross Margin of 172.59% in Q4 2024, down 2886.49% quarter-over-quarter from 6.19% in Q1 2023.
Equinox Gold (EQX) Gross Margin (2019 - 2024) Analysis & Trends
Equinox Gold's Gross Margin history runs 6 years deep, the most recent figure standing at 172.59% for Q4 2024.
- In Q4 2024, Gross Margin changed N/A year-over-year to 172.59%; the TTM figure through Dec 2024 stood at 59.34% (changed N/A YoY), while the FY2025 annual figure was 35.38%, up 1280.0% from the prior year.
- Gross Margin was 172.59% for Q4 2024 at Equinox Gold, down from 6.19% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 38.04% in Q4 2020 to a low of 172.59% in Q4 2024.
- Historically, Gross Margin has averaged 3.79% across 5 years, with a median of 20.15% in 2021.
- The sharpest annual moves came in 2020 and 2022: Gross Margin soared 973 bps in 2020, then sank 1953 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 38.04% in 2020, then tumbled by 38 bps to 23.47% in 2021, then fell by 28 bps to 16.79% in 2022, then slumped by 63 bps to 6.19% in 2023, then sank by 2886 bps to 172.59% in 2024.
- The last three Gross Margin figures came in at 172.59% (Q4 2024), 6.19% (Q1 2023), and 16.79% (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 59.77% |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | 77.58% |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | 74.11% |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | 59.87% |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 99.74% |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | - |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | 60.04% |
| 10 | Aura Minerals | 47.46 Bn | 47.17 Bn | 19.58 Mn | 54.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -172.59% |
| Mar 31, 2023 | 6.19% |
| Dec 31, 2022 | 16.79% |
| Sep 30, 2022 | 3.94% |
| Mar 31, 2022 | 10.08% |
| Sep 30, 2021 | 23.47% |
| Jun 30, 2021 | 20.15% |
| Dec 31, 2020 | 38.04% |
| Sep 30, 2020 | 36.28% |
| Jun 30, 2020 | 31.20% |
| Mar 31, 2020 | 28.15% |
| Dec 31, 2019 | 32.35% |
| Sep 30, 2019 | 33.51% |
| Jun 30, 2019 | 21.47% |
| Mar 31, 2019 | 19.77% |